Similar Search Results

Central Banking and the Choice of Currency Regime in Accession Countries

Buiter, Willem H.; Grafe, Clemens - SUERF - The European Money and Finance Forum

believed to be most stable- currency boards and inflation targeting. We find that under either regime tensions are likely to … arise from the attempt to meet the accession criteria of a low inflation rate and a stable exchange rate. Due to likely … appreciation. Thus a currency board arrangement may well fail to produce an inflation rate below the Maastricht ceiling, unless the …

Persistent link: https://www.econbiz.de/10005529075

The Eurosystem, the US Federal Reserve and the Bank of Japan: similarities and differences

Gerdesmeier, Dieter; Mongelli, Francesco Paolo; Roffia, … - European Central Bank - 2007

The paper provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan. These monetary authorities exhibit somewhat different status and tasks, which reflect different historical conditions and national characteristics. However, widespread changes in central...

Persistent link: https://www.econbiz.de/10005530736

CENTRAL BANKS AND THE CRISIS

POP, Napoleon; IOAN-FRANC, Valeriu - In: Romanian Journal of Economics 36 (2013) 1(45), pp. 151-157

Thinking of what a global currency could be or represent - an idea on which the authors have strong public opinions - the question of the central banks’ role and conduct during the last crisis has become not only complex but a changing one. As regards this latest process, we feel that we...

Persistent link: https://www.econbiz.de/10010681063

The Fed’s response to the financial crisis: Pages from the BOJ playbook, or a whole new ball game?

Kuttner, Kenneth N. - 2009

Like the Bank of Japan (BOJ) a decade ago, the U.S. Federal Reserve (Fed) has recently taken a number of unprecedented steps to stabilize its foundering financial system. This paper describes the Fed’s and the BOJ’s responses to their countries’ crises, highlighting the similarities and...

Persistent link: https://www.econbiz.de/10009472131

Nicht zu früh bremsen!: Der Einfluss der Geldpolitik auf die langfristige Wirtschaftsentwicklung in Deutschland und den USA

Schettkat, Ronald; Sun, Rongrong - 2009

Nahezu alle Institutionen -Kündigungsschutz, Gewerkschaften, Lohnspreizung, Arbeitslosenversicherung etc.- wurde verdächtigt und schuldig gesprochen die tragische Entwicklung der Arbeitslosigkeit in Europa verursacht zu haben. US-amerikanische Arbeitsmarktinstitutionen wurden zum Benchmark...

Persistent link: https://www.econbiz.de/10010291094

Monetary policy and European unemployment

Schettkat, Ronald; Sun, Rongrong - 2008

In the long history of rising and persistent unemployment in Europe almost all institutions - employment protection legislation, unions, wages, wage structure, unemployment insurance, etc. - have been alleged and found guilty to have caused this tragic development at some point in time. Later,...

Persistent link: https://www.econbiz.de/10010291100

Markets are a function of language: Notes on a narrative economics

Holmes, Douglas R. - 2019

Narratives are under-theorised and until recently under-recognised as core variables influencing the speed and direction of changes in expectations and, therefore, as core macroeconomic variables that shape the policy processes of central banks. The author examines below how the thousands of...

Persistent link: https://www.econbiz.de/10011984447

A macro-model to monetary transmission analysis in Tunisia$

Makni, Aymen - 2019

observed and anticipated changes in inflation and other economic variables. This model provides a useful framework detailing … monetary policy and helping policymakers mainly to react strongly to inflation. …

Persistent link: https://www.econbiz.de/10012049300

Central Banking and the Choice of Currency Regime in Accession Countries

Buiter, Willem H.; Grafe, Clemens - 2001

Persistent link: https://www.econbiz.de/10011689895

The impact of savings on economic growth in a developing country (the case of Kosovo)

Ribaj, Artur; Mexhuani, Fitim - In: Journal of Innovation and Entrepreneurship 10 (2021) 1, pp. 1-13

The correlation between savings and economic growth has been the subject of research for some well-known economists. This study provides further insight on such correlation by examining the case of Kosovo from both a qualitative and quantitative research methodology. The data used was from 2010...

Persistent link: https://www.econbiz.de/10013205661